WEC Energy Group (WEC) Analyzed By Citigroup with $61.0000 Target; Masimo (MASI) Sellers Increased By 10.84% Their Shorts

WEC Energy Group, Inc. (NYSE:WEC) Logo

Citigroup issued a “Hold” rating on WEC Energy Group (NYSE:WEC). The firm began coverage on shares of WEC in a a research report issued to investors and clients on Friday morning. Citigroup’s target price indicates downside of -0.94% from the company’s last stock close price.

Masimo Corporation (NASDAQ:MASI) had an increase of 10.84% in short interest. MASI’s SI was 971,300 shares in April as released by FINRA. Its up 10.84% from 876,300 shares previously. With 496,800 avg volume, 2 days are for Masimo Corporation (NASDAQ:MASI)’s short sellers to cover MASI’s short positions. The SI to Masimo Corporation’s float is 2.04%. The stock increased 0.14% or $0.12 during the last trading session, reaching $85.82. About 241,781 shares traded. Masimo Corporation (NASDAQ:MASI) has declined 8.20% since April 15, 2017 and is downtrending. It has underperformed by 19.75% the S&P500.

Masimo Corporation, a medical technology company, develops, makes, and markets noninvasive monitoring technologies worldwide. The company has market cap of $4.43 billion. The firm offers Masimo Signal Extraction Technology pulse oximetry with measure-through-motion and low-perfusion pulse oximetry monitoring to address the primary limitations of conventional pulse oximetry. It has a 36.36 P/E ratio. It also provides Masimo rainbow SET platform that includes rainbow SET Pulse CO-Oximetry products that noninvasively monitor hemoglobin species, including oxygen saturation, pulse rate, perfusion index, pleth variability index, and respiration rate from the pleth; noninvasively monitor hemoglobin concentration, and carboxyhemoglobin and methemoglobin saturation; monitor arterial oxygen saturation and acoustic respiration rate; and calculates oxygen content and oxygen reserve index.

Among 9 analysts covering Masimo (NASDAQ:MASI), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Masimo had 15 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating by BTIG Research given on Monday, August 14. As per Thursday, March 16, the company rating was downgraded by PiperJaffray. The rating was maintained by Wedbush with “Outperform” on Monday, February 27. On Thursday, August 3 the stock rating was maintained by Roth Capital with “Buy”. The stock has “Hold” rating by Piper Jaffray on Wednesday, August 2. The rating was initiated by Stifel Nicolaus on Monday, July 10 with “Buy”. On Tuesday, October 31 the stock rating was maintained by Piper Jaffray with “Hold”. Raymond James downgraded Masimo Corporation (NASDAQ:MASI) on Monday, February 13 to “Mkt Perform” rating. Roth Capital maintained it with “Buy” rating and $10500 target in Wednesday, July 19 report. TH Capital maintained Masimo Corporation (NASDAQ:MASI) on Wednesday, August 5 with “Buy” rating.

Investors sentiment decreased to 0.92 in 2017 Q4. Its down 0.26, from 1.18 in 2017Q3. It dropped, as 27 investors sold Masimo Corporation shares while 113 reduced holdings. 50 funds opened positions while 79 raised stakes. 41.16 million shares or 2.51% less from 42.22 million shares in 2017Q3 were reported. Fmr Llc holds 25,998 shares. Raymond James Trust Na holds 0.02% or 3,288 shares in its portfolio. Tradewinds Cap Ltd Liability Corp reported 0% stake. State Of Tennessee Treasury Department has invested 0.03% of its portfolio in Masimo Corporation (NASDAQ:MASI). Dupont Capital Mngmt has 0.01% invested in Masimo Corporation (NASDAQ:MASI) for 4,900 shares. Teachers Retirement System Of The State Of Kentucky has invested 0.01% in Masimo Corporation (NASDAQ:MASI). The Illinois-based Zacks Management has invested 0.04% in Masimo Corporation (NASDAQ:MASI). California State Teachers Retirement invested 0.01% in Masimo Corporation (NASDAQ:MASI). Fred Alger Mgmt reported 0.02% stake. Bluemountain Cap Limited Liability holds 18,783 shares or 0.03% of its portfolio. Brown Advisory Limited Co has invested 0.11% of its portfolio in Masimo Corporation (NASDAQ:MASI). Schroder Invest Mngmt Gru holds 468,020 shares or 0.06% of its portfolio. Principal Financial Grp Inc Inc reported 205,008 shares stake. First Republic Mgmt Inc holds 0.1% or 183,432 shares. 4,381 were reported by Amundi Pioneer Asset Inc.

Since January 4, 2018, it had 0 insider buys, and 7 insider sales for $4.92 million activity. Coleman Jon also sold $2.56M worth of Masimo Corporation (NASDAQ:MASI) shares. Lee Yongsam had sold 10,000 shares worth $881,650 on Thursday, January 4. 2,000 shares were sold by FITCH SANFORD, worth $186,130 on Thursday, February 1.

WEC Energy Group, Inc., through its subsidiaries, generates and distributes electric energy. The company has market cap of $19.43 billion. The firm operates through Wisconsin, Illinois, Other States, Electric Transmission, We Power, and Corporate and Other divisions. It has a 16.25 P/E ratio. It generates electricity from coal, natural gas, oil, hydroelectric, wind, and biomass.

Among 13 analysts covering Wisconsin Energy Corporation (NYSE:WEC), 3 have Buy rating, 1 Sell and 9 Hold. Therefore 23% are positive. Wisconsin Energy Corporation has $73.0 highest and $51.50 lowest target. $61.96’s average target is 0.62% above currents $61.58 stock price. Wisconsin Energy Corporation had 28 analyst reports since July 28, 2015 according to SRatingsIntel. As per Tuesday, January 19, the company rating was maintained by Argus Research. The stock of WEC Energy Group, Inc. (NYSE:WEC) earned “Buy” rating by Guggenheim on Tuesday, January 2. UBS downgraded the shares of WEC in report on Monday, October 26 to “Sell” rating. The firm has “Neutral” rating by Mizuho given on Thursday, February 2. The company was upgraded on Monday, May 9 by UBS. The stock of WEC Energy Group, Inc. (NYSE:WEC) earned “Buy” rating by Goldman Sachs on Tuesday, July 28. The firm has “Hold” rating by Bank of America given on Tuesday, October 24. As per Friday, February 23, the company rating was maintained by Credit Suisse. The stock has “Buy” rating by Argus Research on Monday, September 14. The firm has “Conviction Buy List” rating by Goldman Sachs given on Monday, August 31.

Since February 22, 2018, it had 0 buys, and 1 insider sale for $120,382 activity. BOWLES BARBARA L sold $120,382 worth of stock or 2,000 shares.

The stock increased 0.05% or $0.03 during the last trading session, reaching $61.58. About 1.37M shares traded. WEC Energy Group, Inc. (NYSE:WEC) has risen 2.16% since April 15, 2017 and is uptrending. It has underperformed by 9.39% the S&P500.

Masimo Corporation (NASDAQ:MASI) Institutional Positions Chart